CDFA Opposes the 2018 Presidential Budget Proposal

Join the CDFA Effort to Fight the Administration's Budget

President Trump's budget, released last week, has already garnered strong reaction on both sides of the aisle in the short time since its release. The budget aims to cut billions of dollars from domestic programs to support a $59.5 billion increase in funding for defense, veteran's affairs, and homeland security. A variety of federally funded, economic and community development programs would either be sacrificed or drastically reduced to support the aforementioned spending increases. CDFA strongly disagrees with the President's budget recommendations - which would gut essential, longstanding economic development programs - and urges Congressional leaders to reject any budget proposal that weakens federal support for economic development.

The development finance industry has been very vocal in its opposition to the President's Budget. Listed below are several responses to the Budget, issued by partners and friends of CDFA.

CDFA Special Budget Edition Newsletter

U.S. Conference of Mayors

National League of Cities

National Association of Development Organizations

National Association of Counties

Novogradac & Company LLP

Call to Action

CDFA is asking all interested stakeholders to contact your Congressional representatives immediately, and let them know just how important these federal programs are to state and local economic development.

1. Go to your Congressional district page, and find your legislator(s).

2. Call your legislator(s) and voice your concerns.

3. Fax a letter to your legislator(s), and forward a copy to CDFA.

4. Follow up with your legislator(s) to ensure that they understand the threat the President's Budget poses to our communities.

CDFA will be writing to members of both the U.S. House of Representatives and the U.S. Senate to voice our displeasure with the President's Budget. To voice your support for our legislative efforts, please contact Tim Fisher at 614-705-1309.